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A manufacturer of towels and bath accessories in West Virginia has agreed to ROG dating, so that the retailer can use a cheaper but slower method of transportation. Terms of 2/10 ROG and FOB Factory have been agreed upon. Merchandise with a billed cost of $1,386 was shipped on April 24th, with transportation charges of $17.80 prepaid. The merchandise was received May 2nd. If the invoice is paid on May 12th, how much should be remitted?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92018013

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